Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Amgen Inc. (AMGN)

Company Dividend Discount ModelIndustry: Drug Manufacturers - GeneralSector: Healthcare

Valuation Snapshot

Stable Growth$408.61 - $1,964.23$724.72
Multi-Stage$305.09 - $333.42$319.00
Blended Fair Value$521.86
Current Price$282.20
Upside84.93%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS6.61%10.07%8.928.417.757.416.936.486.486.215.544.42
YoY Growth--6.06%8.58%4.56%6.87%7.01%0.06%4.22%12.24%25.13%29.44%
Dividend Yield--2.86%2.97%3.21%3.06%2.79%3.20%3.38%3.65%3.37%2.95%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)7,005.00
(-) Cash Dividends Paid (M)5,046.00
(=) Cash Retained (M)1,959.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,401.00875.63525.38
Cash Retained (M)1,959.001,959.001,959.00
(-) Cash Required (M)-1,401.00-875.63-525.38
(=) Excess Retained (M)558.001,083.381,433.63
(/) Shares Outstanding (M)541.50541.50541.50
(=) Excess Retained per Share1.032.002.65
LTM Dividend per Share9.329.329.32
(+) Excess Retained per Share1.032.002.65
(=) Adjusted Dividend10.3511.3211.97
WACC / Discount Rate7.26%7.26%7.26%
Growth Rate4.61%5.61%6.61%
Fair Value$408.61$724.72$1,964.23
Upside / Downside44.79%156.81%596.04%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)7,005.007,397.827,812.678,250.798,713.479,202.109,478.16
Payout Ratio72.03%75.63%79.22%82.81%86.41%90.00%92.50%
Projected Dividends (M)5,046.005,594.786,189.246,832.787,529.038,281.898,767.30

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.26%7.26%7.26%
Growth Rate4.61%5.61%6.61%
Year 1 PV (M)5,166.845,216.235,265.62
Year 2 PV (M)5,278.625,380.035,482.40
Year 3 PV (M)5,381.745,537.565,696.36
Year 4 PV (M)5,476.545,688.975,907.52
Year 5 PV (M)5,563.375,834.416,115.93
PV of Terminal Value (M)138,341.09145,081.10152,081.29
Equity Value (M)165,208.19172,738.30180,549.11
Shares Outstanding (M)541.50541.50541.50
Fair Value$305.09$319.00$333.42
Upside / Downside8.11%13.04%18.15%

High-Yield Dividend Screener

« Prev Page 83 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300019.SZChengdu Guibao Science & Technology Co.,Ltd.1.52%$0.3140.29%
4009.SRMiddle East Healthcare Company1.52%$0.5012.40%
5482.TAichi Steel Corporation1.52%$44.2730.27%
600711.SSChengtun Mining Group Co., Ltd.1.52%$0.2335.49%
9435.THikari Tsushin, Inc.1.52%$664.2429.23%
CEGR3.SACompanhia Distribuidora de Gás do Rio de Janeiro - CEG1.52%$1.4751.97%
INVE-A.STInvestor AB (publ)1.52%$4.9521.54%
JDAN.COJeudan A/S1.52%$3.0017.56%
MYG.AXMayfield Group Holdings Limited1.52%$0.0538.65%
001213.SZChina Railway Special Cargo Logistics Co., Ltd.1.51%$0.0647.84%
002358.SZHenan Senyuan Electric Co., Ltd.1.51%$0.0874.78%
0QNO.LLonza Group AG1.51%$8.1143.57%
2332.TQuest Co., Ltd.1.51%$24.2217.41%
2517.HKGuoquan Food (Shanghai) Co Ltd1.51%$0.0528.47%
300092.SZSichuan Kexin Mechanical and Electrical Equipment Co.,Ltd1.51%$0.2480.12%
300596.SZRianlon Corporation1.51%$0.6428.93%
4030.SRThe National Shipping Company of Saudi Arabia1.51%$0.4421.11%
4578.TOtsuka Holdings Co., Ltd.1.51%$134.3915.80%
600109.SSSinolink Securities Co., Ltd.1.51%$0.1420.84%
601211.SSGuotai Junan Securities Co., Ltd.1.51%$0.3120.62%
603700.SSNingbo Water Meter (Group) Co., Ltd.1.51%$0.2044.19%
NWO.DENew Work SE1.51%$1.0047.05%
000968.SZShanxi Blue Flame Holding Company Limited1.50%$0.1023.97%
002262.SZJiangsu Nhwa Pharmaceutical Co., Ltd.1.50%$0.3629.87%
0QDX.ILAB Sagax (publ)1.50%$2.9642.30%
300986.SZJiangxi GETO New Materials Corporation Limited1.50%$0.1749.99%
600389.SSNantong Jiangshan Agrochemical & Chemicals Co.,Ltd.1.50%$0.3834.07%
605166.SSJuheshun Advanced Material Co., Ltd.1.50%$0.1625.21%
605555.SSNingbo Dechang Electrical Machinery Made Co., Ltd.1.50%$0.2849.12%
6113.HKBitStrat Holdings Limited1.50%$0.0346.13%
688188.SSShanghai BOCHU Electronic Technology Corporation Limited.1.50%$2.0455.83%
7472.TTOBA, Inc.1.50%$61.0518.55%
ABSO.STAbsolent Air Care Group AB (publ)1.50%$3.2542.64%
RIPLEY.SNRipley Corp S.A.1.50%$6.2516.33%
001311.SZChuzhou Duoli Automotive Technology Co., Ltd.1.49%$0.4853.94%
002698.SZHarbin Boshi Automation Co., Ltd.1.49%$0.2551.93%
077500.KSUniquest Corporation1.49%$99.9929.08%
0QQZ.LSt. Galler Kantonalbank AG1.49%$8.5111.89%
0YU.DEYum China Holdings Inc1.49%$0.7532.86%
300307.SZNingbo Cixing Co.,Ltd.1.49%$0.1187.46%
300841.SZChengdu Kanghua Biological Products Co., Ltd.1.49%$1.0877.05%
600827.SSShanghai Bailian (Group) Co., Ltd.1.49%$0.1398.59%
601113.SSYiwu Huading Nylon Co.,Ltd.1.49%$0.0721.89%
601990.SSNanjing Securities Co., Ltd.1.49%$0.1235.60%
6361.TEbara Corporation1.49%$54.9334.55%
6370.TKurita Water Industries Ltd.1.49%$94.5546.04%
6969.HKSmoore International Holdings Limited1.49%$0.1840.81%
8842.TTokyo Rakutenchi Co.,Ltd.1.49%$99.7279.28%
B3SA3.SAB3 S.A. - Brasil, Bolsa, Balcão1.49%$0.2021.40%
STMMI.MISTMicroelectronics N.V.1.49%$0.3559.85%